Support by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos. More analysis like this to come! Stay...
GAL Buy from specified levels (0.5 FIB , trendline support intact ) SL , TP mention in chart
HCAR Buy from specified levels (0.5 FIB , trendline support intact ) SL , TP mention in chart
HBL Buy from specified level (also 0.5 FIB , trendline support intact) SL , TP mention in chart
Gold: The price of gold rose by more than 100 US dollars this week, setting a new historical high. It also adjusted the short-term market shape with the help of Friday's non-agricultural data. The non-agricultural data was a perfect ending. In the early stage of the data release, the bullish upward trend was basically continued. The market peaked at the 2195 line,...
FX:XAUUSD stops after a strong rally. A new ATH = 2195 is formed, after which the market starts the correction phase. The support 2175 is broken and the price tests 2150. There is a probability of continuation of decrease but after resistance retest. The fundamental background has been maintained since Tuesday. Yesterday we got CPI positive for the dollar,...
FX:USDCHF is forming a correction after breaking the support of the uptrend. The dollar is in an unstable situation and in a phase of decline, which may favor the CHF, in which case the currency pair may decline. Globally - bearish trend. The resistance retest is formed and the price is not ready to renew the maximum yet and breaks the structure of the...
NZDCHF nicely respected a solid rising trend line on a daily. We see a confirmed violation of a resistance line of a falling wedge pattern on a 4h time frame. We can anticipate growth now at least to 0.5422 ❤️Please, support my work with like, thank you!❤️
As long as there is no SQR growth, my obvious idea is to use grid trading. I plan to trade spot to avoid the risk of liquidations in case of down shakes. There are only three levels of buying and selling. Each level has an average of 33% profit. Easy Money.
A bullish scenario for long-term view after a confirmed descending triangle breakout with a potential pullback entry position targeting ABC pattern at 100% - 161.8% Fib extension upper resistance of the mega bull flag. S1/S2: pullback descending triangle support / ema20w zone T1: 100% fib extension +50% T2: 161.8% +90% Indicator: RSI week - tapping into OB area...
FX:XAUUSD is consolidating above 2175, but at the same time a descending triangle is forming. Theoretically, price should break support, which will form a false break of 2175. On D1, volumes are declining, price is stopping after a strong rally. On H1, support 2175-2175 is formed and price has been squeezing towards support for a few hours, which increases...
BINANCE:BTCUSD reaches ATH a bit faster than everyone expected. The correction reaches 14% after which the market actively redeems all the fall and tests the resistance again. Growing further? What is happening? It is not excluded that a fall is possible, because at least the normal reaction to global zones is a correction of 20% or more. I am not indicating...
ENJUSDT is currently in an upward trend and has the potential to experience significant growth if it breaks above this region. Entry point: $0.6667 Stop-loss: $0.6546 Target: $0.7368 Due to the high risk associated with the market, consider taking profits at $0.6910 and holding the remaining position until the target is reached. To confirm entry, you can...
Hello everyone, and welcome subscribers. Please share your personal opinions in the comments. Booster and subscription requests are appreciated. Yesterday, the US CPI was announced. It was reported at a higher level than expected, but the market continued to focus on details such as gasoline and housing costs, and there was little change in the outlook for the...
Nifty index is showing straight forward bullishness from the keylevel @from BASE high. Price observed a rally base rally from 21500 levels to 22500 levels. Trendline is also acts as support,to push the price. Now A Lot of liquidity is lies below the trendline and as well as below the double bottom levels at 21800 levels,and also we have a strong demand zone lies...
Timeframe: 1 Hour Analysis: AVAX is currently facing resistance at the $44.12 price level. A breakout above this level could signal a bullish move towards the $56.40 target. To confirm the breakout, traders should monitor the following: BTC.D: If BTC.D is trending downwards and breaks below a support level, this could indicate a bullish trend for altcoins like...
Gold prices reversed sharply today after the US announced data related to inflation that was slightly higher than forecast. Specifically, the consumer price index (CPI) in February in the US increased by 3.2%, 0.1 percentage point higher than the market expectation of an increase of 3.1%. CPI increased slightly, making investors worry that inflation in the US...
After peaking at 1,282 USD/ounce, the world's gold price today, March 13, was sold very strongly when inflation in the US increased slightly and the USD increased in value compared to many other foreign currencies. Gold prices reversed sharply today after the US announced data related to inflation that was slightly higher than forecast. Specifically, the...